More than 280 million trees were planted in British Columbia forests in 2024, the BC Ministry of Forests announced.
News in timber
BC Experiences Fourth Worst Wildfire Season on Record in 2024
A little over one million hectares (2.47 million acres) burned across BC during the 2024 wildfire season, the BC Wildfire Service and CKPG Today reported.
USDA Launches Program to Support Wood Processing Facilities and Reduce Wildfire Threats
USDA Rural Development is partnering with the Forest Service to provide funding through the new Timber Production Expansion Guaranteed Loan Program.
Rayonier Announces Pore Space Agreement With Reliant Carbon Capture & Storage in Alabama
Rayonier entered into an underground pore space easement agreement with an affiliate of Reliant Carbon Capture & Storage covering 104,000 acres in Alabama.
Revenue from Canadian Logging Declines 4.9% in 2023
Total revenue in the logging industry declined 4.9% from 2022 to $11.7 billion (CAD) in 2023.
Drax Partners With Pathway Energy to Supply Biomass Pellets for New Gulf Coast SAF Plant
Drax and Pathway have reached a deal that could see Drax supply over 1 million tons of pellets each year to Pathway’s proposed SAF plant on the US Gulf Coast.
USDA Awards $335 Million for Private Forestland Management and Conservation
The USDA announced awards of nearly $335 million to strengthen financial incentives for private forest landowners to manage their forests sustainably and to permanently conserve private forests in partnership with states.
Enviva Exits Chapter 11 Bankruptcy Protection
Enviva announced on Friday, December 6, 2024, that it has successfully emerged from Chapter 11 bankruptcy protection, marking a significant […]
Roseburg Forest Products Lays Off 2.5% of Its North American Workforce
Roseburg Forest Products confirmed that it laid off approximately 2.5% of its workforce across all North American locations early last month, while 120 positions are slated to be filled at Oregon facilities through 2026, The News-Review reported.
Campbell Global Acquires 40,800 Acres of Timberland in the Pacific Northwest
Campbell Global acquired of 40,800 productive acres of high-quality, commercial timberland located on the Olympic Peninsula in northwest Washington state.